Fintech company Novatti Group (ASX: NOV) has formalised an agreement to commence re-development of rental payments platform RentPay, in collaboration with Rent.com.au (ASX: RNT), Australia’s leading website dedicated to the rental property market. The partnership provides Rent.com.au with access to Novatti’s award-winning payment processing technology with Novatti gaining access to the rental payments market. “Novatti
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The Australian banking industry is rapidly changing and 2020 is shaping up as a big year for digital banks and Neobanks which will provide Australians with an alternative option for their banking services to the Big Four – NAB, Commonwealth Bank, ANZ and Westpac. With the terms ‘Digital Bank’ and ‘Neobank’ becoming increasingly popular, below
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CBA have announced they plan to launch 25 new businesses over the next five years through their fully owned subsidiary, X15 Ventures. In partnership with KPMG who will provide advice on the ventures, and Microsoft, who will contribute to the engineering platforms, CBA intends to capitalize on their brand, security protocols, and available funds to
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In an era where customers are seeking alternative payment methods, the $60 billion rental payments industry is set for change with Australia’s top rental website Rent.com.au (ASX: RNT) to develop innovative rental platform, RentPay, in conjunction with fintech company Novatti Group (ASX: NOV). Defined by rent.com.au as a “next generation” rental payments solution, RentPay will
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Fintech developer and transactions processor Novatti (ASX: NOV) has reported record payment processing revenues for the quarter ending December 31, 2019, a rise of 45% compared to the corresponding 2018 quarter. The increase from $1.15m to $1.55m comes solely from Novatti’s international transaction processing business, just one division of the Company which has a banking
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Financial technology company, 8common (ASX: 8CO), have received a boost in confidence following the announcement that a Northern Territory Government Department have extended their contract with the company. The contract between the Northern Territory Department of Corporate Information Systems (DCIS) and 8common for another three years includes two one-year extension options and is estimated to
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